Applied Materials to Invest $4 Billion in California Research and Manufacturing Facility
The White House revealed that semiconductor manufacturing company Applied Materials is set to invest up to $4 billion in research and development, as well as a new facility in California dedicated to chipmaking. The newly established Equipment and Process Innovation and Commercialization (EPIC) Center will spearhead the development of cutting-edge tools for semiconductor manufacturing. Applied…
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UK Pledges £1 Billion to Boost Domestic Microchip Industry and Reduce Reliance on China
The British microchip industry is set to receive a significant boost as the UK government plans to inject one billion pounds into the sector. The announcement, made by Chancellor Rishi Sunak, aims to reduce the country’s dependence on semiconductors from China and position the UK as a technological superpower. This move comes amid concerns over…
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Chinese Government Invests Billions in Semiconductor Industry Subsidies
The Chinese government has reportedly provided substantial subsidies, totaling CNY12.1 billion (US$1.75 billion), to approximately 190 listed semiconductor companies within its territory. This move is part of China’s broader strategy to enhance its technological independence and reduce reliance on the Western world amidst geopolitical tensions. China has been actively investing in sectors critical to its…
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The challenges and opportunities for semiconductor manufacturing in the post-pandemic world
The semiconductor industry has been heavily impacted by the COVID-19 pandemic, with supply chain disruptions, factory shutdowns, and increased demand for certain types of semiconductors. As the world starts to recover from the pandemic, semiconductor manufacturers face a unique set of challenges and opportunities. One of the key challenges facing semiconductor manufacturers in the post-pandemic…
Read articleRapid Silicon Announces Revolutionary AI Tool for FPGA Design Process
Rapid Silicon, a company that specializes in AI and intelligent edge-focused FPGAs based on open-source technology, has announced the imminent launch of RapidGPT, a groundbreaking AI-based tool for advanced conversational features and code autocompletion capabilities dedicated to FPGAs. This tool is set to be the industry’s first of its kind. RapidGPT has been designed to…
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TSMC Collaborates with Biden Administration on CHIPS Act Funding Guidance
On April 10th, 2023, Taiwan Semiconductor (NYSE:TSM) announced that it was collaborating with the Biden Administration to receive guidance on its application for funding under the U.S. CHIPS Act. The company stated that it was communicating with the U.S. government regarding the relevant subsidy legislation. Additionally, Taiwan’s Economy Minister Wang Mei-hua revealed that the country’s…
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Building a Resilient Supply Chain: ASU and Mexican Partnership in the Semiconductor Industry
Semiconductor technology is crucial in powering the modern world, enabling essential functions such as communications, transportation, manufacturing, defense, and more. However, the United States’ share of microchip production had drastically declined from 37% to 12% in the last 30 years, highlighted during the COVID-19 pandemic when supply chain disruptions from East Asia exposed significant economic…
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New Tax Incentives for Semiconductor Manufacturing
Great news for the U.S. semiconductor industry! On Tuesday, March 21, 2023, the IRS and Treasury Department proposed new rules to provide tax incentives for producing semiconductors and semiconductor manufacturing equipment within the country. This move is part of the Creating Helpful Incentives to Produce Semiconductors Act of 2022, or the CHIPS Act, which has…
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Dutch Bolster U.S. Against Chinese Chip Technology
The Netherlands has taken a significant step in limiting China’s access to high-performance semiconductors by announcing plans to restrict the export of key chip-making tools. This move is part of the US’s ongoing effort to curb China’s ability to develop advanced military technologies such as hypersonic missiles. The Financial Times reports that the deal, which…
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President Joe Biden’s $39B semiconductor project has now started
President Joe Biden’s $39B semiconductor project has now started On February 28, 2023 the Biden administration launched a massive effort to outcompete China in semiconductor manufacturing, offering $39 billion in funding incentives for companies seeking to build manufacturing plants in the United States. Commerce Secretary Gina Raimondo stated, “When we have finished implementing CHIPS for America,…
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Japan and Netherlands Join U.S. Against Chinese Tech
Japan and the Netherlands recently joined forces with the United States in putting a ban on the use of technology produced by Semiconductor Manufacturing International Corporation (SMIC), a Chinese satellite company, in products manufactured in their countries. This move came after growing suspicions about SMIC’s relationship with China’s armed forces and information services. The ban…
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Utah Strikes $11B Deal with Texas Instruments for Expansion in Lehi
Utah is positioning itself as a major player in the tech industry with the record-breaking $11 billion deal recently announced by Texas Instruments for expansion in Lehi. This deal comes on top of other successes, illustrating the many advantages of doing business in Utah. The state is located in the middle of the American West,…
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